Daily Archives: December 2, 2013

Foreign investors sold THB 48bn in last month, thus YTD net sells over THB 150bn because of valuations, politics, and a slowdown in earnings growth throughout Thailand and the region. Politics we still think is short term and should be resolved in the coming days. Looking forward to what unfolds.

Changing ticker to “EFORL” today — AIM is changing its trading name to EFORL today because its new business is trading in medical tools and equipment. Its new business will fully operate and clearly contribute revenues in 4Q13. (Khao Hoon, 2/12/13)

Comment: From 3D Tv’s and advertising to medical tools, well at least they are keeping themselves alive

AMATA

Slashes target sales — AMATA slashed its 2013 target land sales target down to 1,000 rai from 3,000 rai. Management said politics has impacted consumer’s confidence and led investors to delay their contract signing to early next year. (Khao Hoon, 2/12/13)